Alphabet hits $4 trillion valuation as Artificial intelligence push lifts Google parent past Apple
By
Binu Mathew
Alphabet hit a $4 trillion market valuation on Monday, as the Google parent’s sharpened artificial intelligence focus allayed doubts about its strategy and thrust it back to the forefront of the high-stakes race.
The tech giant on Wednesday surpassed Apple in market capitalization for the first time since 2019, becoming the second most valuable company in the world.
